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India Tightens Crypto Tax Reporting Rules
in5points
India's Central Board of Direct Taxes issued a notification under the Income Tax Act requiring crypto exchanges to report transactions from April 2024.
The move does not introduce new taxes or regulate crypto assets, focusing instead on reporting compliance.
Industry players see this as a milestone toward broader crypto regulation in India.
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Who owns this?
Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani